LIC Launches RuPay Prepaid Gift Card “Shagun”

LIC Launches RuPay Prepaid Gift Card “Shagun”

LIC Cards Services Limited (LIC-CSL) has launched contactless prepaid gift card ‘Shagun’ on the RuPay platform with the help of IDBI Bank. the main purpose of it is to promote cashless ways of gifting and present a wide range of end-use choices while preparing for the foray into the e-gift card market.

  • The Shagun Gift Card will offer a flexible loading amount, ranging from ₹500 to ₹10,000 and validity of 3 years.
  • It will be used from the wide acceptability of RuPay, and also, the Shagun gift card can be used at millions of merchant outlets and e-commerce websites in India.


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